Capito celebrates services spike

Scottish VAR plots further growth as investment in people and skills pays off

Scottish VAR Capito is celebrating a sterling set of FY 2013 results with a 50 per cent jump in services revenue growth.

The Livingston-based firm posted turnover of £7.3m for the 12 months ended December 2013, compared with £5.5m the previous year – an increase of 32 per cent. Profit for the year grew from £1.29m to £1.34m.

Alan Middleton, managing director of Capito, said the firm’s investment was starting to pay off.

“In 2013 we have continued to deliver strong growth, building on the momentum started in 2012, through execution of our strategy and plans,” he said.

“In excess of 250,000 service lines were delivered to our customers during 2013 with consistently high levels of service delivery maintained throughout, a testament to our loyal and talented team.”

He added that the firm had also invested in additional skills and capabilities in the second half of the year, to position the firm for future growth.